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What is Investors in People
Investors in People is the national Standard which sets a level of good
practice for training and development of people to achieve business goals.
The Standard was developed during 1990 by the National Training Task Force
in partnership with leading national business, personnel, professional
and employee organisations such as the Confederation of British Industry
(CBI), Trades Union Congress (TUC) and the Institute of Personnel and
Development (IPD). The work was supported by the Employment Department.
The experiences of the UK's most successful organisations, large and small,
representing all sectors of the UK economy, were very positive and the
Standard received the full endorsement of the wide range of interested
parties.
The Standard provides a national framework for improving business performance
and competitiveness, through a planned approach to setting and communicating
business objectives and developing people to meet these objectives. The
result, is that what people can do and are motivated to do, matches what
the organisation needs them to do. The process is cyclical and should
engender the culture of continuous improvement.
The Investors in People Standard is based on four key principles:
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Commitment
Commitment to invest in people to achieve business goals |
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Planning
Planning how skills, individuals and teams are to be developed to
achieve these goals |
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Action
Taking action to develop and use necessary skills in a well defined
and continuing programme directly tied to business objectives |
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Evaluating
Evaluating outcomes of training and development for individuals' progress
towards goals, the value achieved and future needs. |
These four key principles are a cyclical process and
are broken down into 12 indicators, against which organisations wishing
to be recognised as an 'Investor in People' will be assessed.
ACHIEVING THE STANDARD
Being recognised as an 'Investor in People' involves a number
of steps:
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Understanding the Standard and its
strategic implications for your organisation |
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Undertaking a review against the Standard to identify
any gaps in current practice |
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Making the commitment to meet the Standard and
communicating that commitment to all members of staff |
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Planning and taking action, to bring about change
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Bringing together the evidence for assessment against
the Standard |
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Achievement or recognition as an Investor in People |
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Working to keep the culture of continuous improvement
alive. |
Links
Investors
In People UK
The official Website of Investors In People UK...
The National
Centre
The National Centre was established in 1993 as part of the strategy
to deliver Investors in People across the country. Its aim is to provide
a nationally focused service for major organisations...
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